The Rankine Generating Station is a former hydro-electric generating station along the Canadian side of the Niagara River in Niagara Falls, Ontario, slightly downstream from the older Toronto Power Generating Station. It was built in for the Canadian Niagara Power Company, and was simply known as the Canadian Niagara Power Company powerhouse. The company had been founded by William Birch Rankine, a New York City lawyer. The station opened in January 1905, with two generators; Rankine died three days after a third generator started operation at the station, in September 1905, and the station was renamed in his honour in 1927. Acquired by Niagara Mohawk Power Corporation in 1950 and in 2002, the station became a wholly owned subsidiary of FortisOntario. It was decommissioned in 2006.